Western Wind Energy Corp V.WND

Keep up the good work

[babloo]

Coors and Jonathan....please post at least 3-4 times a day with varying degree of skepticim.

keep it real!

[coorsman]

That's all it is, is reality. We see so much cheerleading crap on these boards that it makes me want to vomit. WND is not a bad company, but it sure isn't top notch either. I am not even sure why one would buy this stock when one can buy an established renewable producer that pays a dividend. I have had equal capital gain returns on huge dividend stocks. WND has not outperformed, which

[Xtrykr0]

As per Brookfield PR:  through which a wholly-owned subsidiary of Brookfield has agreed to sell 11,430,000 L.P. units of Brookfield Renewable at an offering price of $26.25 per L.P. unit. The Underwriters have been granted an over-allotment option to purchase up to an additional 1,714,500 L.P. units from Brookfield at the offering price, under the same terms, exercisable for a

[anott]

BAM is selling 11.43M of its units in BEP.UN, not BEP.UN issing additional units.  If that was the case, it would say that, and the percentage owned by BAM would be going up not down.

[Xtrykr0]

Good catch. Thanks for the correction. At the end of the day however, BAM and/or it's subsidiary in BEP will be receiving $300M in cash for the shares sold. Whether it is new shares being issued, or the parent company selling shares of one of it's own, the move is pretty clear, they are ramping up their liquidity to diversify not only their investor pool, but expand their renewables

[jonathanstjohn2]

Sorry to impose freedom of speech.   By the way you are extra deluded if you think this site affects the stock market. That's a good one. SP is low because of mgmt.